Common use of Adjustment of Exercise Price and Number of Warrant Shares Issuable Clause in Contracts

Adjustment of Exercise Price and Number of Warrant Shares Issuable. If any corporate restructuring or action regarding the Company’s Common Stock is approved other than those mentioned in this Section 5 and which may have an impact on or represent a reduction of rights to the Holders of the Warrants, the Company will use its best efforts to negotiate with the Holders of the Warrants to set forth new exercise conditions, seeking to preserve the rights originally granted to the Warrants, their economic and corporate value, the amount of underlying shares and their Exercise Price. The Company shall promptly prepare a certificate setting forth such any adjustment in the Exercise Price and a brief, reasonably detailed statement of the facts and computations accounting for such adjustment, and promptly file with the Warrant Agent, a copy of such certificate. The Rights Agent shall be fully protected in relying on any such certificate and on any adjustment therein contained and shall have no duty or liability with respect to, and shall not be deemed to have knowledge of, such adjustment unless and until it shall have received such certificate. The number and kind of shares purchasable upon the exercise of the Warrants and the Exercise Price shall be subject to adjustment from time to time as follows: